Dividend help

A question about : Dividend help

Hi

If a share pays 8.90p divdend per year, per share how much is that. (Assume I own one share)

I get confused with numbers so need your help, please write it in words.

Also how do I work out how much in dividend's I will get paid, assuming I no how many shares I have and the dividend per share.

This many sound basic but I just wanna no I am doing it right.

Best answers:

• Prices are usually displayed in pence, so 8.90p would be eight point nine pence (8.9p), just short of nine pence per share.
  To work out how much in dividends you will receive, its:
  eight point nine pence (0.089p) X number of shares held = total dividend
  If for example you hold 500 shares and they pay a dividend of 8.9p per share it would be: 0.089 X 500= Ј44.50
• Great reply you have helped me loads
  Just one more questions- I have searched up ladbrokes on google finance and it says the share cost 122.00.
  What does that mean?
• Last question
  ok so National grid shares cost 898.67 (Ј8.99)
  it pays a dividend of 14.71 pence per year, per share i own
  55 shares that cost me Ј494.45
  I get a dividend of 809.05p
  Is this correct?
• Basically i want to no this info so i can buy shares only when i am gonna get a dividend return of around Ј500-Ј5000. Of course i will do my homework on the shares and see if there a good company first.
  End goal to earn Ј11 Thousand from share dividends, not from one company but many
• Dividends can change over time. If you get Ј50 this year there's no guarantee that you'll get Ј50 next year.
• Dividends are not guaranteed and past performance is no guarantee of future performance. Also the likelihood of dividends is priced into shares so the more likely to pay out cost more initially.
  While shares can be bought for income most are bought and sold for growth, with income generally being reinvested.
  Have you looked into funds, rather than shares?
  As you have money with which to buy shares I assume you are earning, the usual way to build wealth is to invest for growth while earning and look to convert your wealth into income once you stop earning - generally done by planning for retirement and using a pension.
• As per above comments your strategy appears a bit strange.
  Is there a reason you have such a specific target in mind?
  I assume you're aware that you may be paid out a dividend but the share price could drop by far more.
  Would it matter that your shares halved in value if you got the dividend amount?
• Read Jim's post, above, several times. It is very important.
  When you buy a share that pays you dividends, it is like buying a machine that sits in your house and spits out money every so often.
  That sounds great, but the machine costs money to buy, and it can go wrong. If you want to sell it, nobody might want to buy it unless you slash its price. The money you can lose on the cost of the machine can really easily be a lot more than it ever spat out for you.
  Of course, the machine can go up in value instead. But there is a risk there that you need to consider.